Funding you earn now, next payment 05:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.12 per $10,000 · paid last 24h +0.005%
Price spread now: RISEx against ApeX Omni+0.084%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 4 days (all we have)−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.084%, 7d avg +0.054%
=The price spread pays, funding is against you. RISEx is 0.030% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.054%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 4 days (−0.013% in total) that is about 8.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XAUUSDT | 4,337.5 | 0.0100 | pay 0.0013% / 1h | 37m 01s | $274K | $203K | 50x |
| Short | RISEx XAU/USDC | 4,341.2 | 0.0005 | get 0.0001% / 1h | 37m 01s | $3.5M | $12.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$19.96
- Price spread: +0.084% → +0.054%
- $3.02
- Slippage, 4 orders
- −$24.26
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$57.2
- Costs to cover
- 0.403%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 15 min ago; RISEx: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 15 min ago | 3.33 bp | 17.4 bp −$17 | 27.5 bp −$275 | 37.7 bp −$3,774 | doesn't fit |
| Sell RISEx live order book, 2 min ago | 0.01 bp | 4.0 bp −$4 | 4.2 bp −$42 | 33.4 bp −$3,341 | doesn't fit |
XAU on 39 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,347.7 | +0.234% | $92K | $8.7M | 20x | as long as short |
| Bluefin GOLD-PERP | +0.0002% | 1h | 4,335.5 | −0.047% | $25K | $14K | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,339.5 | +0.046% | $271K | — | 250x | as long as short |
| RISEx XAU/USDCshort | +0.0005% | 1h | 4,341.2 | +0.084% | $3.5M | $12.1M | 25x | |
| Hotstuff GOLD-PERP | +0.0016% | 1h | 4,338.7 | +0.027% | $33K | — | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,339.2 | +0.039% | $13.3M | $37.4M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.297% | $619 | $54 | 52x | as long as short |
| Gate XAU_USDT | +0.0038% | 4h | 4,344.8 | +0.167% | $268.0M | $414.5M | 100x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,344.3 | +0.155% | $20.1M | $39.3M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,341.9 | +0.101% | $3.8M | $4.5M | 40x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUUSDT | +0.0041% | 4h | 4,343.9 | +0.146% | $80.2M | $152.0M | 150x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,340.3 | +0.064% | $5.5M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,375.1 | +0.866% | — | $1.0M | 25x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,342.1 | +0.104% | $20.8M | $34.5M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,340 | +0.057% | $293.6M | $49.2M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,338.7 | +0.026% | $15.1M | $56.9M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0051% | 24h | 4,339 | +0.034% | $4.3M | $37.4M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,339.5 | +0.045% | $2.1M | $4.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0081% | 4h | 4,344.6 | +0.164% | $71.5M | $332.3M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,341.7 | +0.096% | $19K | $5K | 5x | as long as short |
| Variational Omni XAU | +0.0087% | 4h | 4,340.5 | +0.067% | $48.3M | $27.7M | — | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,338.1 | +0.013% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDTlong | +0.0100% | 1h | 4,337.5 | long leg | $274K | $203K | 50x | |
| MEXC XAU_USDT | +0.0104% | 4h | 4,343.4 | +0.136% | $370.3M | $319.4M | 1000x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,342 | +0.103% | $161K | $87 | 10x | as long as short |
| Binance XAUUSDT | +0.0107% | 4h | 4,343.5 | +0.138% | $417.6M | $2.09B | 100x | as long as short |
| edgeX XAUUSDC | +0.0112% | 4h | 4,336.6 | −0.021% | $30.2M | $58.3M | 50x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,339.5 | +0.045% | $47K | $77K | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0178% | 4h | 4,341.1 | +0.083% | $1.4M | $2.9M | 25x | as long as short |
| Bullet GOLD-USD | +0.0214% | 1h | 4,343.1 | +0.129% | $59K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0216% | 1h | 4,342.6 | +0.117% | $4.3M | $1.9M | 20x | as long as short |
| Bitget XAUUSDT | +0.0250% | 4h | 4,343.6 | +0.139% | $71.1M | $109.3M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0257% | 1h | 4,341.7 | +0.096% | $205K | $828K | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0259% | 1h | 4,340.3 | +0.063% | $592K | $132K | 25x | as long as short |
| Phemex XAUUSDT | +0.0294% | 4h | 4,345.1 | +0.174% | $2.2M | $967K | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0319% | 8h | 4,344.5 | +0.160% | $166.8M | $282.0M | 100x | as long as short |
| BloFin XAU-USDT | +0.0379% | 4h | 4,343 | +0.125% | $15.7M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0427% / S −0.0252% | 1h | 4,343.7 | +0.142% | $250K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0618% | 4h | 4,346.4 | +0.204% | $2.8M | $4.6M | 75x | as long as short |
ApeX Omni XAUUSDT
RISEx XAU/USDC
SunX XAU-USDT
Bluefin GOLD-PERP
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
Gate XAU_USDT
Lighter RH XAU
StandX XAU-USD
Bybit XAUUSDT
Lighter XAU
tradeXYZ xyz:GOLD
Kalshi KXGOLDPERP
Coinbase International GOLD-PERP-INTX
Aster XAUUSD1
Paradex XAU-USD-PERP
Variational Omni XAU
Pacifica XAU
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Phoenix GOLD
GRVT XAU_USDT_Perp
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT